PPP Loan information for Monroe medical foundation inc

$2,000,000

Monroe medical foundation inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The South Central Bank, Inc. reported 205 jobs and $2,000,000 was used to fund payroll.

Monroe medical foundation inc is Existing or more than 2 years old

MONROE MEDICAL FOUNDATION INC

Date Approved

02/06/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

MONROE MEDICAL FOUNDATION INC

Borrower Address

529 Capp Harlan Rd

Borrower City

Tompkinsville

Borrower State

KY

Borrower Zip

42167-1808

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tompkinsville

Project County Name

MONROE

Project State

KY

Project Zip

42167-1808

CD

KY-01

Jobs Reported

205

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2021888.89

Forgiveness Date

03/18/2022

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